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Carbon Credits Market Size, Share, By Type (Compliance Market and Voluntary Market), By Project Type (Renewable Energy, Energy Efficiency, Forestry, and Others), By End-Use (Power, Energy, Transportation, and Others), and By Region - Trends, Analysis, and

Publisher Prophecy Market Insights
Published Dec 01, 2024
Length 182 Pages
SKU # PRMI19511523

Description

Carbon Credits Market Size, Share, By Type (Compliance Market and Voluntary Market), By Project Type (Renewable Energy, Energy Efficiency, Forestry, and Others), By End-Use (Power, Energy, Transportation, and Others), and By Region - Trends, Analysis, and Forecast till 2034


Carbon credits refer to the permits, which allow the owners or companies to emit particular amount of carbon dioxide and several other greenhouse gases (GHGs). The companies that emit a large amount of carbon dioxide or GHGs have these credits to control and reduce the pollution caused by the emissions. These credits are also considered as excellent instruments to maintain balance between the environmental and economic goals globally. The increasing imposition of more strict regulations by the government to decrease the pollution caused by the greenhouse gases is propelling the carbon credits market growth.

Report Highlights:
  • The carbon credits market size was worth USD 550.1 Billion in 2024.
  • It is expected that the target market will reach USD 2436.2 Billion by 2034 at a CAGR of 17.8% during the forecast period.
  • Based on type, the market is classified into compliance market and voluntary market. The compliance market segment is considered to hold the dominant carbon credits market share during the forecast period.
  • On the basis of project type, the market is segmented into renewable energy, energy efficiency, forestry, and others. The segment renewable energy is expected to lead the market during the projected period.
  • The end-user segment include power, energy, transportation, and others. It is projected that the power segment will lead the market.
  • Geographically, the market is studied across North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. North America is projected to lead the market due to the presence of many renewable energy and forestry projected generating carbon credits.
Key Highlights:
  • In March 2024, CFC, a specialist insurance provider, entered into the carbon insurance market by introducing a groundbreaking new product called Carbon Delivery Insurance. The Carbon Delivery Insurance is the first to cover both political and physical risks, which are encountered by the businesses while buying voluntary carbon credits in advance, according to the reports.
  • In January 2024, Carbon technologies leader, Loan Bio, introduced new opportunities for the U.S. Novel biology creates steady carbon levels in soil and enhances carbon credits.
Report Analysis

Growing Incentives for Carbon Credits Development Projects to Propel Market Growth

The carbon credits market growth is projected to witness rapid growth owing to the surging number of incentives for the development projects. These development projects are responsible for generating carbon credits and will also fulfill their growing demand globally.

These projects are also responsible for delivering larger environmental advantages, such as decreased pollution, conservation of biodiversity, and clean air quality.

Competitive Landscape of Carbon Credits Market:

The key players operating the Carbon Credits Market include The Carbon Trust, Climate Impact Partners, South Pole, 3Degrees, VERRA, TerraPass, CarbonClear, PwC, EcoAct, ClimeCo, Ecosecurities, ALLCOT, Atmosfair, The Carbon Collective Company, Sterling Planet Inc, WGL Holdings, Inc., and Green Mountain Energy Company.

Table of Contents

182 Pages
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By Project Type
Market Snippet, By End-User
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Market Segmentation, By Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Compliance Market
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Voluntary Market
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Project Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Renewable Energy
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Energy Efficiency
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Forestry
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Segment Trends
Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Power
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Energy
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Transportation
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Project Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Project Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
India
Japan
South Korea
China
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Project Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
UK
Germany
France
Russia
Italy
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Project Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Project Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East and Africa
Competitive Landscape
Heat Map Analysis
Company Profiles
The Carbon Trust
Climate Impact Partners
South Pole
3Degrees
VERRA
TerraPass
CarbonClear
PwC
EcoAct
ClimeCo
Ecosecurities
ALLCOT
Atmosfair
The Carbon Collective Company
Sterling Planet Inc.
WGL Holdings, Inc.
Green Mountain Energy Company
The Last Word
Future Impact
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